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Clark, Andrew E.; Kamesaka, Akiko; Tamura, Teruyuki – Education Economics, 2015
It is commonly believed that education is a good thing for individuals. Yet, its correlation with subjective well-being is most often only weakly positive, or even negative, despite the many associated better individual-level outcomes. We here square the circle using novel Japanese data on happiness aspirations. If reported happiness comes from a…
Descriptors: Foreign Countries, Well Being, Psychological Patterns, Aspiration